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KBRA Releases Equipment Loan & Lease Indices for June 2021

July 2, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Jul 2, 2021--

Kroll Bond Rating Agency (KBRA) releases its Equipment Loan & Lease indices for June 2021.

June remittance reports showed that securitized equipment loan and lease credit performance remained relatively stable during the May collection period. KBRA’s headline Equipment Loan & Lease Index posted an annualized net loss rate of 0.03%, up 12 basis points (bps) month-over-month (MoM) but down 47 bps year-over-year (YoY). Meanwhile, the percentage of payments 60+ days past due came in at 0.60%, an increase of 7 bps versus the previous month but a decline of 57 bps compared with year-ago levels.

Click here to view the report.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210702005320/en/

CONTACT: Analytical ContactsBrian Ford, CFA, Senior Director

Structured Finance Research

+1 (646) 731-2329

brian.ford@kbra.comJoanne DeSimone, Senior Director

ABS Commercial

+1 (646) 731-2306

joanne.desimone@kbra.comAndrew Ye, Senior Analyst

Structured Finance Research

+1 (646) 731-1232

andrew.ye@kbra.comBusiness Development ContactTed Burbage, Managing Director

+1 (646) 731-3325

ted.burbage@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: OTHER MANUFACTURING CONSTRUCTION & PROPERTY OTHER RETAIL FINANCE CONSULTING BANKING PROFESSIONAL SERVICES MANUFACTURING OTHER CONSTRUCTION & PROPERTY RETAIL

SOURCE: Kroll Bond Rating Agency (KBRA)

Copyright Business Wire 2021.

PUB: 07/02/2021 11:25 AM/DISC: 07/02/2021 11:26 AM

http://www.businesswire.com/news/home/20210702005320/en